H4 time frame.
Structure: The bullish structure has been broken.
The price was strong down after a successful retest at 1.38000.
After the price breaks the support of 1.37300, it is possible that the price will appear a retracement to the 1.38000 and continue to down.
Wait for the price to retrace to this level and a sell setup appears, then you can trade with GBPUSD.
Profit target is 1.36000 zone.
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Wish you all have a good trading day!
Structure: The bullish structure has been broken.
The price was strong down after a successful retest at 1.38000.
After the price breaks the support of 1.37300, it is possible that the price will appear a retracement to the 1.38000 and continue to down.
Wait for the price to retrace to this level and a sell setup appears, then you can trade with GBPUSD.
Profit target is 1.36000 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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